Hankook claims global sales record for 2012

ERJ staff report (BC)

Seoul, Korea/Neu-Isenburg, Germany – Hankook Tire’s financial results for fiscal 2012 show record sales of Euro 4.97bn (KRW 7.029 trillion), a year-on-year (YoY) increase of 8.3%. Operating profit increased to Euro 645.6m (KRW 912.9 billion), 57.9% greater YoY.

The company attributes highest-ever sales to its ultra-high performance (UHP) tire series, especially in emerging markets including Russia/CIS and Latin America, as well as “enhanced brand equity as a premium manufacturer.”

Hankook cites “growing partnerships with premium automakers” contributing to the sales record. Its OE supply…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with